Markets were hit hard on Monday as President Trump’s latest trade war announcements shook global economies.
Markets were hit hard on Monday as President Trump’s latest trade war announcements shook global economies. The U.S. president’s decision to impose new tariffs on trading partners, including a 10% baseline tax and higher rates on China, the European Union, and Vietnam, sent shockwaves through financial markets. As a result, equities and cryptocurrencies experienced sharp declines. The U.S. dollar fell, and even gold—considered a safe-haven asset—was down on Monday.
Amid the broader market turmoil, Fartcoin, a meme coin based on Solana, stood out. While most major cryptocurrencies, including Bitcoin and Ethereum, faced significant losses, Fartcoin managed to rise by 10% over the past 24 hours. It was recently trading at approximately $0.49, peaking at $0.55 earlier in the day. This marked a stark contrast to other meme…
